Really excited about Chainlink being used to connect JP Morgan's private chain together with Ondo's public chain for Delivery vs Payment of Ondo's tokenized treasuries product in exchange for cash payment on the JP Morgan Kinexys chain. This is using the Chainlink Runtime Environment (CRE), which allowed this connection to happen quickly, securely and in a way that met the compliance needs of large institutions. Looking forward to moving this forward and enabling even more collaboration between large capital market institutions with great solutions like Kinexys Payments and leading public chain/DeFi team's like Ondo.

Today, Senator Thom Tillis (@SenThomTillis) and Senator John Hickenlooper (@Hickenlooper) reintroduced the Proving Reserves of Others Funds (PROOF) Act—a critical step toward establishing Proof of Reserve requirements for digital assets. As more real-world assets move onchain, legislation such as the PROOF act reinforces the importance of Proof of Reserves and is essential in ensuring transparency for the digital asset industry.

This is the moment when our industry can transition from being just about cryptocurrencies to also being about the next version of the financial system, reaching its long awaited full potential on a global scale. What we need now is for the world's largest governments to adopt our industry's approach to ownership, data and transactions as their preferred method for both their domestic economy and their preferred method to transact internationally. If our industry's technology provide's the value/improvements that I know it can, then we can be the ones defining the fairer, more transparent and globally connected future. What I am seeing from the United States government is very significant for getting us to the next stage. After meeting with multiple Senators and Congressman, such as @CongressmanGT , @SenGillibrand , @berniemoreno , as well as top leaders of US regulators and other senior government officials, I can clearly see that we are on the way to this next stage of our industry. This transition to a Web3 Financial system will greatly benefit the U.S. financial system, especially if it leads the way, as well as benefiting the entire global financial system. The overall approach that I think should be considered for the US financial system can be seen here: piped.video/khLTXflSB10 (Slides: blog.chain.link/wp-content/u…)

I am deeply grateful for the opportunity to attend the Crypto Summit at the @WhiteHouse today. It was a great event that had some of the top leaders in our industry in attendance, all of whom got the chance to share their views on the crypto reserve, regulation, legislation and the overall strategy for how our industry will be able to evolve in the United States financial system. Since the US financial system is the world's leading financial system and many other financial systems follow its lead, this was a truly historic day for our industry. Having the most senior members of the cabinet that cover these topics, the Secretary of the Treasury @SecScottBessent and the Secretary of Commerce @howardlutnick attending the event and actively participating before we were joined by @POTUS says a lot about the US's new found commitment to cryptocurrencies, blockchains and its own evolution as a financial system using our industry's approach. Having top legislators that have been supporting our industry for many years like Congressional Whip Tom Emmer/@GOPMajorityWhip and Digital Asset Subcommittee Chair Bryan Steil/@RepBryanSteil also in the room showed a clear alignment between the executive and the legislative branch. The executive branch and legislative branch working together to get our industry adopted by the US financial system is very important. After this summit and my recent trips to DC it has become clear to me that the large macroeconomic effects of our industry on the US financial system makes it not only a bipartisan issue but possibly even a nonpartisan issue that is obviously in both parties interests because it is clearly in the US's overall interests. This level of cooperation between both parties of the house and senate greatly accelerates our industry's ability to gain entirely new laws and regulations. It may actually be one of the most cooperative issues in the legislative process right now. I am also very impressed by the intelligence, commitment and deep industry understanding of the people that the @realDonaldTrump has chosen to plan things out for our industry from the executive branch; @DavidSacks and @BoHines are both knowledgeable about our industry and clearly very committed to helping it reach an entirely new level of adoption. They are helping bring together the most senior members of the US government to reorient the US financial system towards our industries technologies as the future. They did a great job on this summit and are doing many other great things for our industry's future as well. It is clear to me that @realDonaldTrump has chosen our industry as a critical component of his plans for the US economy. In the attached video you can clearly see him saying "I thought it was very important that we stay in the front of this one, this is a big one" in response to points about how our industry is leading to the evolution of the global financial system. As an industry we are all immensely lucky that this is now the approach that US's executive branch has towards our industry. Thank you. There were many comments made during the summit by various top industry leaders, but I found @ZachWitkoff's comments about the need to create regulatory clarity that makes all existing US institutions comfortable enough to participate in our industry, particularly insightful. I personally think that what he and the team at @worldlibertyfi are building is at the next level of DeFi and will be in a good position to take advantage of this next iteration/evolution of the US financial system.

Excited to be in DC this week. Many meetings with top legislators like Congressman Tom Emmer and great advocates for our entire industry from the executive branch like Bo Hines. I am seeing an entirely different level of interest about how to modernize the US financial system to make it the preferred place to generate digital assets/RWAs and make the US financial system a leading force in Web3. I have always been interested in how to make a better global financial system and do believe that the technology created by the Chainlink community can help both the US and the world arrive at a better version of the financial system. Right now we are still at the stage where building the foundational infrastructure that creates a more tamper-proof/fair, reliable and transparent financial system is a key step that is still in motion and which the US can become a global leader in. Excited to meet with more great folks in DC to see how we can make this happen.

Was excited to meetup with @DonaldJTrumpJr from the @worldlibertyfi team at the @OndoFinance summit. It was great to hear that his personal experience with the current financial system was the driving force for creating WLFI, and that he is trying to build something he himself would want to use because it is truly tamper-proof/fair, transparent and highly secure/reliable. Excited to be working with the @worldlibertyfi team on creating this DeFi powered future and applying the Chainlink Standard to help make the financial system what it should be.

In 2024, Chainlink solidified its position as the standard for verifiable data and cross-chain interoperability in DeFi, while also working with the world's largest financial institutions and governments on adopting blockchain technology. In 2025, we'll continue to build novel solutions for DeFi and expand Chainlink's market share, further the expansion into banking and capital markets by enabling high-quality institutional use cases, introduce the Chainlink Runtime Environment (CRE) to a broader array of users, and more. @SergeyNazarov provides his insights into the major milestones of 2024 and a look ahead for 2025:

Many great conversations last night at the Inaguration Starlight Ball. Was great to discuss our industry with many forward thinking politicians, pro-blockchain legislators, top financial leaders, leading blockchain teams and highly educated old friends, all in one place. We are entering an entirely different stage for our industry at this point, the stage where we become the way the world works. Especially exciting times ahead.

Great conversations at the Trump Inaugural Committee Candle Light Dinner tonight. I can see a whole new path for the blockchain industry that simply did not exist a few months ago. Exciting times ahead for our industry.

I think the technical term to describe this situation is "now we're cooking with gas" I wonder what happens when the world's largest financial institutions decide to go on-chain because being on-chain becomes a "national priority". Seems likely they will need a secure and reliable way to utilize various kinds of data on-chain to build their financial products. I can also see them needing a reliable way to interconnect all their chains to transact in a secure, compliant and efficient manner accepted by regulators. Something like what TCP/IP does for the internet, but built to handle cross-chain transactions and able to work for institutional systems/use cases. It might also be nice if they had a simple development environment from which to manage all this complexity, something like a runtime environment that makes it easy to rebuild all their existing financial products and transactional flows on-chain. If that development environment was already integrated with their existing standards like Swift and their existing CSDs like DTCC, that would make it a lot simpler for them. If only there was a single platform where they could get all of these key building blocks to work together in a secure way... Exciting times ahead.

Chainlink’s dominance in 2024 ↓

.@EmiratesNBD_AE—a ~$260B AUM banking group in the MENAT region—welcomes Chainlink to its Digital Asset Lab Council. The #Chainlink standard will help support the adoption of digital assets in the region via verifiable data & cross-chain interoperability. emiratesnbd.com/en/media-cen…

I see this long list of initial capital markets users and early adopters of multiple Chainlink services as just the beginning. Just like Chainlink became the standard for powering DeFi, there is now very active integration work and adoption of Chainlink in the TradFi/Capital markets. Whether you're an asset manager, custodian bank, central bank, financial market infrastructure or various other traditional financial system participant, the Chainlink standard gets you transacting across multiple chains quickly, securely and in a compliant manner. There is no other standard that currently does that.

What if all Stablecoins, RWAs and CBDCs start being connected to each other and to all the world's digital assets, across all chains, on one platform/standard set of protocols, because it has all the data connections, identity connections and cross-chain connections they need to transact successfully? Sounds exciting to me....

.@SergeyNazarov joined @NYSE to discuss @worldlibertyfi’s recent adoption of the #Chainlink standard, which will help bring DeFi to the mainstream. “For us, security was one of the most important considerations,” explains Zak Folkman, Co-Founder of WLFI.

🦅🇺🇸 We're excited to announce that we are adopting the @chainlink standard for onchain data and cross-chain connectivity as a secure way to bring DeFi into the next stage of mass adoption. prnewswire.com/news-releases…

Very positive on the continued adoption of Chainlink and Digital Assets by the TradFi world. I think this year will be a landmark year for many innovations in fund tokenization, RWAs, interoperability across chains and many other innovations. Excited about speaking at Sibos next week and all the great adoption we're seeing in that community. Super excited about us having a main area booth not far from the biggest banks and financial market infrastructures in the world. I remember the first Sibos in 2016 when I was walking around by myself, and now we have a main area exhibitor booth and a large team of top capital markets representatives meeting with many of the top banks, asset managers and financial market infrastructures, exciting times. Come say hi at one of our sessions or the booth if you’re at the event: chain.link/sibos

Excited that CCIP was selected by the @Ronin_Network community through a thoughtful voting process. I think we will be seeing more situations where the superior decentralization, security and reliability get recognized as key determining factors of a cross-chain connectivity solution. The way the Chainlink community has continually won many of the top users in DeFi, Gaming and now TradFi is by having the superior protocol, even if creating that better set of features and security guarantees takes a little bit longer to get right. The adoption of the Chainlink standard and therefore CCIP by leading DeFi protocols and now top TradFi firms also makes utilizing CCIP more attractive. I eventually see DeFi and Gaming merging into an even larger GameFi ecosystem, which I believe the TradFi community will want to participate in. The key question will then be how to technically achieve this collaboration, which is what the Chainlink Standard and Chainlink community are building.